IMARC Group’s latest research report, titled “Global Remote Sensing Software Market Size, Share, Growth, Industry Trends, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global remote sensing software market reached a value of US$ 1.46 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 2.92 Billion by 2027, exhibiting a CAGR of 11.80% during 2022-2027.
Remote sensing software refers to an application used for examining and processing data sensed from a distance to withdraw geographic information through satellite sensor intelligence and airborne sensor data. It is widely utilized in natural hazard study, resource exploration, environment study, land-use mapping and weather forecasting. This software functions by collecting data over vast spatial areas and monitoring the persistent changes occurring in that particular space to ease the process of decision making.
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Important Attribute and highlights of the Report:
§ Detailed analysis of the global market share
§ Market Segmentation by component, deployment mode, application, end user and region.
§ Historical, current, and projected size of the market in terms of volume and value
§ Latest industry trends and developments
§ Competitive Landscape for Remote Sensing Software Market
§ Strategies of major players and product offerings
One of the key factors driving the market is the extensive adoption of remote sensing software to interpret instant data and forecast natural hazards, in industries such as, defense, military and healthcare. In confluence with this, the increasing need for remote sensing geographic imaging and global positioning system (GPS) satellites for working on excessive geospatial data is catalyzing the market growth. Additionally, the launch of web-based management applications for solving various constraints related to the installation of image processing software packages and geographic information systems (GIs) is escalating the product demand.
Besides, the rising application of remote sensing software in the agricultural sector to help farmers with data related to crop health, quality and climatic variables is inducing the market growth. Furthermore, the significant investments and fundings in intelligent surveillance and reconnaissance (ISR) play loads and satellite communication, along with advanced remote sensing technology offered by manufacturers and the extensive research and development (R&D) activities creating a positive market outlook.
Key Players Included in Global Research Report:
- BAE Systems plc
- EOS Data Analytics Inc.
- Hexagon AB
- L3Harris Technologies Inc.
- Merrick & Company
- PCI Geomatics
- Textron Systems (Textron Inc.)
- Trimble Inc.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Breakup by Component:
Breakup by Deployment Mode:
The Breakup by Application:
Breakup by End User:
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
TOC for the Remote Sensing Software Market Research Report:
- Scope and Methodology
- Executive Summary
- Global Remote Sensing Software Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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